Pizza Hut to Invest $50 Million
To Improve Product Quality

PURCHASE, N.Y. -- Pizza Hut, a division of PepsiCo Inc., said it is investing $50 million this year to improve the quality of its pizzas without passing the added cost to consumers.

David Novak, Pizza Hut's chief executive, said the chain was "declaring war on skimpy pizza and low quality food." The new pizzas, the company said, will have fresher ingredients, more abundant toppings and a thicker sauce. About $15 million of...